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're past that point now. >> thank you, guys. we'll have a matador moment as we celebrate cal state northridge. the three of us went to school together. >> say hi to harry dent. >> you're missing that one, too. >>> let's send it over to josh lipton for a market flash. >> i want you to check out quickly shares of tesla which are enjoying a nice pop here. a pop that coincides with a tweet from elon musk. musk saying an exciting tesla motors announcement coming on thursday. i'm going to put my money where my mouth is in a very major way. tesla enjoying a nice pop. up about 4%. up about 12% year to date. guys, back to you. >> oh, boy. >> here we go. >> he's not done, thanks, josh. >>> head twarowards the close. dow hovering at the levels, down 72 points at the moment. doesn't look like we'll get an all-time high today. >> no. we came very close in the s&p this morning, coming within a point of its all-time closing high. bob pisani on the reversal of fortune and when that new high might come. >>> later, young people buying retirement homes, you say. well, it's happening a lot, actually.
. a number of sector, bill, are already essentially at historic highs. a mix of the defensive and cyclic cal naal names. essentially at or near historic highs. there's a group that's kind of in the middle, bill, that hit historic highs in 2008 and are just off of them. just below them about 10%. that's the utility stocks and the energy stocks and the materials stocks are just off of their historic highs but heading in the right direction, at least. finally, here's the really tough one, these are the guys that have never gotten close. telecom stocks and the tech stocks were destroyed in the dot com bubble in 2000 and essentially have never gotten close back to old historic highs. 50% off. financials got destroyed in the financial crisis of 2008. they never really got all the way back. here's the problem, bill. financials and tech are the two biggest weightings in the s&p 500. they're the ones who really sort of held it back from getting to those historic highs that we've been waiting for for a while. back to you. >> we still wait. thank you, bob. so which sectors at this point in the rally sh
by yorele cal. i was on the call last night. the cisco downgrade today. this dichotomy is allowing i think bernanke to not have to taper off. at the same time it calls into question how weak is that international market. seems very weak. >> did we get largely what we wanted from the fed yesterday? there were no big surprises within that. >> no. i think that was the point to not have any big surprises. i think there was a poignant moment yesterday that i think wasn't talked about enough where someone asked imputedly, i felt, because ben bernanke deserves better -- do you know anybody that's unemployed? do you note price of a gallon of milk? he came back, yes, i have a relative on unemployment. he's going to get unemployment down then we'll talk about tapering. until then we are playing a parlor game with the fed. i believe bernanke when he says these things. >> there's no reason to believe the fed is going to start pulling back any time soon. >> no. >> we need to see sustained improvement in the employment picture. then the tapering, who knows what that could be. it is not just turning the
. that did hurt me deeply. although i did have cal. i had the bears. >> i picked all three of these wrong. >> i thought california beat colorado. because of boone pickens, i picked the stupid cowboys, even though i knew the fighting ducks were pretty good. although fighting ducks, you know, that doesn't do much. >> i did the same thing. they said one and i didn't pick them. boone would give so much grief. >> oregon. marquette davidson was unbelievable and everybody i think had marquette. marquette in the last second with a lay-up won by 59-58. memphis, scared at the end, i had memphis of over st. mary's. and i also had the shockers, yeah, i had the shockers. i had them. 73-55. i only lost -- >> why did you pick them? >> blake, my daughter, loves the shockers. i don't know why. she has the w -- you go like this. you have to be careful because you could do wisconsin. she has the shockers going to the final four. they're a good defense. >> wow. >> but i was 14-2 yesterday. >> i was not. >> you're 10-4. that's not bad. 14-2. oh, 10-6. i'm sorry. >> that's okay. >> but still, today, i got cinc
Search Results 0 to 3 of about 4

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